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Business News

Uproar over sugar task force report

Industry insiders say sugar sector will remain in trouble unless State-owned millers are given enough money to improve cane crushing.

KRA wins case challenging its enforcement powers

This is after High Court judge Weldon Korir ruled in favour of the taxman in a judgement delivered on February...

Thika superhighway footbridges near completion

The Sh392 million footbridges at Kenya School of Monetary Studies and Garden City Mall have been pending for m...

KRA shocks county with Sh154m cut to settle debt

The taxman has slashed Sh154 million from the allocation Busia County received from Treasury to settle accrued...

Bank to offer 100 per cent financing on vehicles

Family bank to offer up to 100 per cent financing on vehicles in partnership with Simba Corporation...

Coronavirus: Company tells employees to work from home over outbreak fears

Staff at a central London office have been told to work from home as a 'precaution' amid the coronavirus outbr...

Kenya Power profits dip by Sh3 billion

The drop is attributed to a huge appetite for short term loans and a sharp increase in non-fuel power purchase...

Portland Cement loss up to Sh1.6 billion in six months

According to the firm’s unaudited results, finance costs rose by 24 per cent to Sh253 million from Sh204.7 m...

Company taps tractor-hailing tech to break ground in Africa

US firm banking on technology that uses a mobile application to connect farmers with owners of vehicles to boo...

Outcry as fruits from Uganda, Tanzania flood local markets

Cabbage prices have reduced from Sh100 per piece previously to Sh50 currently....

Mombasa traders in Sh1.5b tax dispute

“We want an auditor to ascertain the outstanding amount," said Ngibuini. ...

Donkey ban will cost us billions, traders say

Farming Systems Kenya director, Raphael Kinoti, called on counties to enforce the ban. ...

No paying for parking at JKIA exits

'There will no longer be a provision to pay for parking at airport exit points' ...

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